https://www.taxtmi.com/caselaws?id=459025 Reopening based on material found in a search of third-party premises had to proceed under the search-related provision for another person, because that mechanism specifically covers incriminating material belonging to or relating to a different assessee. Resort to the general reassessment route under section 147 in such circumstances would make the special provision redundant and amount to use of an incorrect jurisdictional basis. The reassessment was therefore unsustainable, the assessment order was quashed, and the appeal succeeded. en-us Thu, 09 Dec 2021 00:00:00 +0530 Tue, 26 Nov 2024 19:13:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459025 Reopening based on material found in a search of third-party premises had to proceed under the search-related provision for another person, because that mechanism specifically covers incriminating material belonging to or relating to a different assessee. Resort to the general reassessment route under section 147 in such circumstances would make the special provision redundant and amount to use of an incorrect jurisdictional basis. The reassessment was therefore unsustainable, the assessment order was quashed, and the appeal succeeded. Case-Laws Income Tax Thu, 09 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459025